Call reports 2014
FIRST FARMERS & MERCHANTS BANK — 2014
What FIRST FARMERS & MERCHANTS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 264,909,000 | 265,606,000 | 270,736,000 | 271,203,000 |
| Total loans | 180,260,000 | 190,504,000 | 194,504,000 | 192,253,000 |
| Allowance for loan losses | 1,745,000 | 1,791,000 | 1,786,000 | 1,979,000 |
| Securities available for sale | 49,316,000 | 45,093,000 | 43,086,000 | 46,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 112,000 | 110,000 | 97,000 | 92,000 |
| Total deposits | 227,780,000 | 228,335,000 | 232,880,000 | 232,994,000 |
| Interest-bearing deposits | 182,902,000 | 184,305,000 | 185,708,000 | 185,202,000 |
| Noninterest-bearing deposits | 44,878,000 | 44,030,000 | 47,172,000 | 47,792,000 |
| Equity capital | 33,099,000 | 33,449,000 | 33,955,000 | 34,382,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,785,000 | 5,639,000 | 8,535,000 | 11,462,000 |
| Interest expense | 264,000 | 519,000 | 771,000 | 1,014,000 |
| Net interest income | 2,521,000 | 5,120,000 | 7,764,000 | 10,448,000 |
| Noninterest income | 509,000 | 1,038,000 | 1,616,000 | 2,200,000 |
| Noninterest expense | 2,022,000 | 3,966,000 | 5,995,000 | 8,064,000 |
| Provision for loan losses | 0 | 50,000 | 75,000 | 100,000 |
| Pretax income | 1,015,000 | 2,269,000 | 3,437,000 | 4,611,000 |
| Income tax | 1,000 | 2,000 | 3,000 | 4,000 |
| Net income | 1,014,000 | 2,267,000 | 3,434,000 | 4,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,223,000 | 30,562,000 | 31,169,000 | 31,598,000 |
| Total capital | 31,968,000 | 32,353,000 | 32,955,000 | 33,577,000 |
| Risk-weighted assets | 202,549,000 | 211,417,000 | 214,758,000 | 214,273,000 |